America’s housing market just produced a positive number, but nobody should confuse it with a comeback. Pending home sales increased 0.3 percent in August from July, according to the National Association of Realtors. That sounds encouraging until you look at the bigger picture. Contract signings were still 4.7 percent below August 2025 and are running roughly 30 percent below the years before the pandemic. Buyers are still buying. They are just not buying enough homes to call this a healthy…
MarketNational
Pending Home Sales Just Rose. Do Not Call It a Housing Recovery Yet.
Pending home sales rose 0.3% in August, but affordability, rates and regional declines still limit a broader recovery.
